J. MILLARD TAWES, Governor 411
treasurer, which notice shall warn such owner or persons claiming
through him to present, within six months following such advertise-
ment, information relating to [him] his or their identity and present
address, and, if within six months following such advertisement
the owner or persons claiming through him shall not present in-
formation relating to his or their identity and present address and
establish claim to such deposit, account or share account or balance
therein, such bank, credit union, trust company, savings institution,
national bank, savings and loan association or federal savings and
loan association shall, after deducting the pro rata cost of such adver-
tisement from the deposit, account or share account or balance therein
remaining in its hands, pay the remainder to the Treasury of
the State of Maryland for the use and benefit of the State of Mary-
land and thereafter its liability to the owner or persons claiming
through him of such deposit, account or share account or balance
therein shall cease and determine.
Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1966.
Approved April 14, 1966.
CHAPTER 195
(House Bill 40)
AN ACT to repeal and re-enact, with amendments, Section 4 of
Article 62A of the Annotated Code of Maryland (1965 Supple-
ment), title "Maryland Estate Tax," correcting an error in the
law concerning payment made for the Maryland Estate Tax.
Section 1. Be it enacted by the General Assembly of Maryland,
That Section 4 of Article 62A of the Annotated Code of Maryland
(1965 Supplement), title "Maryland Estate Tax," be and it is hereby
repealed and re-enacted, with amendments, to read as follows:
4. The "Maryland estate tax" and interest due thereon shall be
a charge upon the entire "Maryland estate" of the "decedent"; and
the "executor" shall pay the same to the Comptroller of the State
of Maryland in such amount as is calculated on return forms pre-
scribed by the Comptroller, such returns being subject to audit and
correction by the Comptroller. The return shall be submitted in
duplicate to the register of wills who shall certify to the Comptroller
the amount of inheritance tax paid in each case.
The Comptroller shall forthwith pay over to the State Treasurer
all moneys received; provided, however, that the said Comptroller
shall retain in his hands at all [time] times such a sum as, in his
judgment, shall be sufficient to enable him to pay promptly all claims
for refunds as provided in Sections 5 and 10 of this article.
Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1966.
Approved April 14, 1966.
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